Financial Criteria

i. Audit of accounts should be up-to-date and the auditor’s observations should not contain any adverse opinion or disclaimer.

ii. The End Borrower should not be in a default to any bank/financial institution on the date of applying for loan.

iii. All outstanding dues to producer members should not exceed four payment periods.

iv. The borrower should be having positive net worth and making profit.

v. The financial returns of the project should meet the requirements decided by NDDB from time to time.